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Property profile & analytics
OFF-MARKET
Office Spaces
2435 Smithville Hwy Mc Minnville, TN 37110-6571
Individually Owned
3-yr Hold
Free & Clear
Property ID
US80-3316230
Property profile
Verified
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Year built
1971
Construction
FRAME
Total area
2,916 SF
Lot
0.23 ac (10,140 SF)
APN
089050 07706
UPID
US80-3316230
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Raymond Bradley · 3 yrs held
Raymond Bradley
since 2023
Last sale
$140,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Mc Minnville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mc Minnville submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Property tax & assessments
Assessed value
$52,320
Assessed 2023
Previous assessed
$52,320
+0.0% YoY
Assessed land
$13,080
Assessed improvement
$39,240
Land market value
$32,700
Improvement market value
$98,100
Total market value
$130,800
Applied tax rate
89.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
OFFICE (GENERAL)
Status
Off-Market
Year built
1971
Construction
FRAME
Heating
YES
Cooling
YES
Stories
1
Units
1
Bathrooms
1
Total area
2,916 SF
Lot
0.23 ac (10,140 SF)
APN
089050 07706
UPID
US80-3316230
Jurisdiction
WARREN
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1971
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Raymond Bradley
Individual
Free & Clear · 3 yrs held
Mailing address
116 TOWLES AVE, MC MINNVILLE, TN 37110-2042
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2023
$140,000
Raymond Bradley
Robert Burns
Warranty Deed
—
Nov 16, 2018
$97,500
Robert Burns
Bradley,raymond
Warranty Deed
$122,183 · Homeland Cmnty Bk
Nov 9, 2018
$80,000
Raymond Bradley
Security Fsb
Grant Deed
—
May 22, 2018
$60,000
Security Fsb
Bratcher Thomas O
Grant Deed
related
—
Sep 20, 2016
$96,900
Ronald E Taylor
Security Fsb
Grant Deed
$107,941 · Security Fsb
Dec 12, 2012
$89,600
Security Fsb
Bratcher Thomas O
Trustees Deed
related
—
Jul 1, 2011
$106,000
Martin,marcus
Security Fsb
Grant Deed
$110,479 · Security Fsb
Jul 15, 2008
$100,000
Security Fsb
Mcgee,jeff & Jennifer
Trustees Deed
related
—
Aug 1, 2005
$175,000
Mcgee,jeff & Jennifer
Rigsby,deborah S
Warranty Deed
$151,708 · Security Fsb
Jun 24, 1998
$40,000
Deborah S Rigsby
—
Deed Of Trust
related
—
Aug 11, 1989
$62,000
Hugh S Hillis
Unknown,
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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